Commodity Prices

Gold •752 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,604.10	-4.70	-0.29%
WTI Crude •1 day	89.31	-2.88	-3.12%
Gasoline •1 day	3.396	-0.101	-2.87%
Ethanol •752 days	2.161	+0.000	+0.00%
Silver •752 days	30.82	+1.16	+3.92%

Silver • 752 days	30.82	+1.16	+3.92%
Copper • 752 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	96.78	-3.91	-3.88%
Natural Gas • 1 day	2.871	-0.045	-1.54%
Heating Oil • 1 day	4.181	-0.161	-3.71%

Headlines

1,137 days Will The ECB Continue To Hike Rates?
1,137 days Forbes: Aramco Remains Largest Company In The Middle East
1,139 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,539 days Could Crypto Overtake Traditional Investment?
1,543 days Americans Still Quitting Jobs At Record Pace
1,545 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,548 days Is The Dollar Too Strong?
1,549 days Big Tech Disappoints Investors on Earnings Calls
1,550 days Fear And Celebration On Twitter as Musk Takes The Reins
1,551 days China Is Quietly Trying To Distance Itself From Russia
1,552 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,556 days Crypto Investors Won Big In 2021
1,556 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,557 days Food Prices Are Skyrocketing As Putin’s War Persists
1,559 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,559 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,563 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,563 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,563 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,566 days Are NFTs About To Take Over Gaming?

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

Is The Bull Market On Its Last Legs?

This aging bull market may…

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

MIG Bank

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex…

More Info

Contact Author

EUR/USD - Choppy Holiday Trading

By - Dec 23, 2014, 6:08 AM CST

EUR/USD has declined further below support at 1.2247 to 1.2217(yearly new low). Resistance for a temporary recovery bounce can be found at 1.2273 (20.12.2014 old recovery high) and 1.2375 (previous support) and 1.2423 (19/12/2014 high, see also the 50% retracement).

In the longer term, EUR/USD is in a downtrend since May 2014. The break of the strong support area between 1.2755 (09/07/2013 low) and 1.2662 (13/11/2012 low) calls for a decline towards the strong support at 1.2043 (24/07/2012 low). As a result, the recent low at 1.2247 is expected to be eventually broken. A key resistance stands at 1.2600 (19/11/2014 high).

Daily Technical Report